Ascendas REIT continues to see inflow of institutional funds on upbeat rent data
Ascendas REIT has once again emerged as the top Singapore Exchange (SGX)-listed REIT acquired by institutional investors during a trading…
Ascott Residence Trust prices placement units at lower-mid point to raise SGD170 million
Ascott Residence Trust (ART) has priced its placement units at the lower-mid point of an indicative range and has stopped…
Ascott Residence Trust launches SGD150 million placement for nine-asset acquisition
Ascott Residence Trust (ART) has launched a private placement exercise to raise gross proceeds of about SGD150 million from institutional…
Ascott Residence Trust tops corporate governance index for REITs in 2022
Ascott Residence Trust (ART) has emerged as the top REIT or business trust in the Singapore Governance and Transparency Index…
Credit outlooks on Ascott, Frasers hospitality trusts upgraded as travel resumes
Moody’s Investor Service (Moody’s) has upgraded the credit ratings outlook on two Singapore-listed hospitality trusts given the resumption of leisure…
Ascott Residence Trust acquires four US student hostels for USD213 million
Ascott Residence Trust (ART) is acquiring four student accommodation assets in the US for USD213 million. The assets are Link…
Ascott Residence Trust acquires Illinois student housing for USD83 million
Ascott Residence Trust (ART) is acquiring a freehold 548-bed student accommodation asset, Seven07 in Champaign, Illinois for USD83.25 million. The…
Ascott Residence Trust ups exposure to student accomodation with Texas asset
Ascott Residence Trust (ART) will acquire a freehold 1,005-bed student accommodation asset in Texas, USA for USD70.0 million. The asset,…
Ascott Residence Trust takes possession of Clarke Quay hotel on tenant default
Ascott Residence Trust (ART) has taken possession of Park Hotel Clarke Quay, following a failure by its master tenant to…
Ascott Residence Trust moves to repossess Singapore hotel over SGD5.9 million owed
Ascott Residence Trust (ART) has issued a notice of intended forfeiture to its tenant that currently operates Park Hotel Clarke…